ORDER

1. This is a Company Petition filed under section 9 of the Insolvency & Bankruptcy Code, 2016 (IBC) by Sunjeet Communications Private Limited (“the Operational Creditor”), seeking initiation of Corporate Insolvency Resolution Process (CIRP) in the matter of Rashmi Metro Homes LLP, the Corporate Debtor.

2. The Corporate Debtor is a Limited Liability Partnership incorporated on 08.03.2017 under the Limited Liability Partnership Act, 2008. Its registered office is 601, Classic Pentagon, Western Express Highway, Chikuwadi, Andheri (East), Mumbai-400099.Therefore, this Bench has jurisdiction to deal with this petition.

3. The Company Petition is filed on 16/01/2021 claiming an amount towards Principal of Rs. 2,66,74,085/- (Two Crore Sixty-Six Lakh Seventy-Four Thousand and Eighty-Five Rupees Only) and Interest @ 18% is Rs. 2,07,12,198/- (Two Crore Seven Lakh Twelve Thousand One Hundred and Ninety-Eight Only) aggregating to Rs. 4,73,86,283/- (Four Crore Seventy-Three Lakh Eighty-Six Thousand Two Hundred and Eighty-Three Only) is due and payable by the Corporate Debtor. The date of default as specified in Part IV of the petition is 11.03.2017.

4. On 11.01.2023, the Adjudicating Authorit